Dax: A break above 13220 is a buy signal
|Dax 30 December futures
Dax shorts at our selling opportunity at 13180/200 worked perfectly offering up to 130 ticks profit on the slide 19 ticks above the 13025/020 target.
Daily Analysis
Dax minor resistance at 13080/13100 but above here 13131 retests our selling opportunity at 13180/200 with stops above 13220. A break higher is a buy signal targeting 13250/260 & 13290/300 before this week's high at 13330/338.
Holding below 13080 targets 13025/020 then strong support at 12890/870. A break below 12840 targets 12790/780 & 12700/680.
Trends
Weekly outlook is positive
Daily outlook is positive
Short Term outlook is positive
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